Carvana's journey from a heavily shorted online car seller to a newly minted member of the S&P 500 captures one of the most dramatic reversals in recent market memory. The company that once symbolized ...
Carvana is hardly a small business. In fact, it’s a Fortune 500 company that had revenues of almost $14 billion last year selling used vehicles online and via its unique “car vending machines.” But it ...
Carvana's turnaround story is remarkable, with management's cost-cutting and debt restructuring efforts boosting unit economics and gross profit margins significantly. Despite a fragmented market, ...